Sixteenth in a series of annual reports comparing business regulation in 190 economies, Doing Business 2019 covers 11 areas of business regulation.
... See More + Ten of these areas - starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency - are included in the ease of doing business score and ease of doing business ranking. Doing Business also measures features of labor market regulation, which is not included in these two measures. Doing Business provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational and regional level. This economy profile presents indicators for Djibouti; for 2019 Djibouti ranks 99.
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Djibouti, a small lower middle-income country, has managed to be achieved a steady growth over the past decade, through inward public and private investments in port and transport infrastructure.
... See More + The inward-investment economic strategy has worked relatively well in boosting growth, which averaged 6 percent in 2013-2016. However, being mostly debt-financed, the investments have also led to a rapid accumulation of public debt that rose from 48 percent of GDP in 2014 to 85 percent in 2016, of which, about two-thirds are publicly guaranteed and on-lent debt to public enterprises. In addition to the rapid public debt growth, the debt portfolio composition of Djibouti has changed in recent years. In the past, the focus of debt managementwas mainly towards highly concessional external financing. However, Djibouti’s access to highly concessional lending is fading out as its per capita income increases. Consequently, the shares of non-concessional financing and variable interest rate loans are also rising. In this context, sound public debt management becomes imperative for Djibouti and poses significant challenges. Meanwhile, the cost-risk analysis capacity of the country’s debt managers is limited. To support the government of Djibouti in handling its debt management activity, the World Bank initiated at the request of the authorities a programmatic technical assistance (TA) for debt management. The first phase of the assistance consisted in evaluating the country’s debt management performance using the DeMPA tool, which comprises 14 performance indicators. To this end, a World Bank mission visited Djibouti during April 23-27, 2017 to work closely with the authorities to assess the strengths and areas for improvement of the debt management system and discuss about immediate needs for TA and follow up reform plan activities. From the outcomes of the new DeMPA, which show important shortfalls in the government’s debt management functions and the legal framework, and given the rapid growth in public debt as well as the trend of the debt portfolio composition, the objectives of this follow-up technical assistance are to: (i) support the government of Djibouti in developing a debt management reform plan focusing on the legal framework and institutional arrangements; and, (ii) build the capacity, through technical trainings, of debt management units to undertake basic cost and risk analysis and develop a medium-term debt management strategy (MTDS) identifying the desirable debt portfolio composition , minimizing cost at acceptable levels of risk.
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Growth is projected to decline to 6.5 percent in 2018, from an estimated 7 percent in 2017, given the low level of investments while the pickup in net exports remains slow.
... See More + Fiscal and external balances are expected to improve owing to reduced capital expenditure and imports. Elevated public debt and foreign investor uncertainty associated with the recent termination of DP World’s contract for Doraleh port are key risks. Meanwhile, more than a fifth of the population lives in extreme poverty and nearly 40 percent of the labor force unemployed.
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Growth is projected to decline to 6.5 percent in 2018, from an estimated 7 percent in 2017, given the low level of investments while the pickup in net exports remains slow.
... See More + Fiscal and external balances are expected to improve owing to reduced capital expenditure and imports. Elevated public debt and foreign investor uncertainty associated with the recent termination of DP World’s contract for Doraleh port are key risks. Meanwhile, more than a fifth of the population lives in extreme poverty and nearly 40 percent of the labor force unemployed.
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Growth is projected to decline to 6.5 percent in 2018, from an estimated 7 percent in 2017, given the low level of investments while the pickup in net exports remains slow.
... See More + Fiscal and external balances are expected to improve owing to reduced capital expenditure and imports. Elevated public debt and foreign investor uncertainty associated with the recent termination of DP World’s contract for Doraleh port are key risks. Meanwhile, more than a fifth of the population lives in extreme poverty and nearly 40 percent of the labor force unemployed.
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Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it.
... See More + This economy profile presents the Doing Business indicators for Djibouti. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Djibouti ranks 154. Doing Business measures aspects of regulation affecting 11 areas of the life of a business. Ten of these areas are included in this year’s ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures features of labor market regulation, which is not included in this year’s ranking. Data in Doing Business 2018 are current as of June 1, 2017. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.
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This economy profile presents the Doing Business indicators for Djibouti. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator.
... See More + Doing Business 2017 is the 14th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing business; for 2016 Djibouti ranks 168. Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation. Doing Business 2017 presents the data for the labor market regulation indicators in an annex. The report does not present rankings of economies on labor market regulation indicators or include the topic in the aggregate distance to frontier score or ranking on the ease of doing business. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. The data in this report are current as of June 1, 2016 (except for the paying taxes indicators, which cover the period January–December 2015).
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This note is intended to present the final status of implementation of the project. The project was approved in May 2015 and launched in Djibouti in June 2015 with support of the two counterparts namely the State Secretariat of Youth and Sports (SEJS) and the Djiboutian Agency for Social Development (ADDS).
... See More + The budget allocation is 363,000 dollars. Project implementation in the three selected regions (Djibouti Ville, Ali Sabieh and Obock) has gone very well and activities were completed on time. The project will close August 31, 2016. Disbursement has been steady and is expected to be completed fully as well. The response from young women and men, project beneficiaries, has been tremendously positive and motivating.
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The public-private infrastructure advisory facility (PPIAF) supported a prefeasibility study to explore potential private sector participation options for the supply of electricity to rural villages in Djibouti using small-scale mini-grids solar schemes.
... See More + The pre-feasibility analysis found that a build-operate-transfer concession model will not be financially viable due to the small scale. Instead, the study recommended operations and maintenance contracts for 12 mini-grids, with public or donor funding used to cover project capex. Under this approach, the solar equipment will be either provided to or leased to the private sector.
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The purpose of this report is to facilitate cross-learning among World Bank Group programs in small states. It selectively discusses the World Bank Group’s strategic and operational approaches and the substantive development issues addressed in small state programs that the Independent Evaluation Group (IEG) assessed under the clustered Country Program Evaluation.
... See More + Based on this discussion, the report highlights specific considerations for effective future World Bank Group engagement in small states. Along with this report, the clustered country program evaluation (CPE) includes two regional program evaluations covering the Organization of Eastern Caribbean States (OECS) during fiscal year (FY) 06–14, and Pacific Island countries (PICs) during FY05-15. It also includes more selective reviews of World Bank Group programs in four African states: Cabo Verde (FY05-14), Djibouti (FY05–15), Mauritius (FY07–15), and the Seychelles (FY07-15). Since the findings and suggestions going forward are based on a small and non-representative sample of country programs, they are not necessarily applicable to other small states. Given its selective coverage, the report highlights specific aspects of World Bank Group engagement with small states. It does not fully summarize the underlying country reports or compare World Bank Group program and country performance. Reading this report together with the underlying reports will provide a more comprehensive treatment.
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The Country Opinion Survey in Djibouti assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Djibouti perceive the WBG.
... See More + It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Djibouti on 1) their views regarding the general environment in Djibouti; 2) their overall attitudes toward the WBG in Djibouti; 3) overall impressions of the WBG’s effectiveness and results, knowledge work and activities, and communication and information sharing in Djibouti; and 4) their perceptions of the WBG’s future role in Djibouti.
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This working paper on the investment interventions of the World Bank Group in Djibouti states that the portfolio of the World Bank Group in Djibouti is financed by IDA funds and trust funds.
... See More + It puts forth the notion that the Middle East and North Africa (MENA) is exposed to severe turbulence and conflicts with terrorism in the region. Faced with this new situation, the World Bank group aims to readjust its strategy by focusing on the promotion of peace and stability in the region to make i) inclusive growth, and ii) the public good of stability accessible to everyone. This new strategy has four main pillars answering to the causes of conflict and the outcomes of these conflicts. Indeed, traditional interventions have shown their weaknesses do not successfully contain the sources of social tensions within countries region or vis-à-vis neighboring countries. This new social and political dynamics require the reader to rethink the development agenda and adapt to the new regional context. As such, the World Bank Group will focus on several key areas: the economy, including the areas of Governance and Business Climate, Energy, Urban Development, Disaster Risk Management, Social Protection, Education, Health Mobilization Water, Agriculture and Fishing, and Telecommunications.
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This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Djibouti. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator.
... See More + Doing Business 2016 is the 13th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing business; for 2015 Djibouti ranks 171. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies from Afghanistan to Zimbabwe and over time. Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation. The data in this report are current as of June 1, 2015 (except for the paying taxes indicators, which cover the period from January to December 2014).
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This Country Data Report summarizes the data from the Worldwide Governance Indicators (WGI) project for Djibouti. The WGI report six aggregate governance indicators for over 200 countries and territories over the period 1996-2014, covering: i) voice and accountability, ii) political stability and absence of violence, terrorism, iii) government effectiveness, iv) regulatory quality, v) rule of law, and vi) control of corruption.
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This Poverty and Social Impact Analysis (PSIA) is part of a broader dialogue on energy tax reform and strengthening social safety nets in Djibouti.
... See More + As part of a possible reform of energy taxes in Djibouti, the government of Djibouti has sought the support of the World Bank to better understand how such a policy reform can be pro-poor. The study was designed and implemented by a multisectoral committee composed of various stakeholder institutions, including the Ministry of Economy and Finance, the Ministry of Budget, the Secretary of State responsible for National Solidarity (SESN), the Department of Statistics and Demographic Studies (DISED), the Ministry of Energy, and the Ministry of Transport, with whom the teams of the Bank and the IMF collaborated throughout the process of preparation of the study. Technical meetings were held on January 30, February 2, May 25, May 28, and May 29, 2014, in Djibouti to discuss the various scenarios of reform, obtain additional information, and present preliminary quantitative results. Consultation meetings were held on July 2 and November 15, 2014, to present the findings and discuss possible reform options. This executive summary condenses the main findings of the study. The study is available as a separate report with more analyses and background information. The study is based on data from a representative household survey which includes detailed information on household expenditures and receipt of certain cash and in-kind benefits (EDAM 3-2012). The tables in this executive summary show 2014 prices, with inflation rates of 2.5 and 2.9 for 2013 and 2014, respectively.
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This Poverty and Social Impact Analysis (PSIA) is part of a broader dialogue on energy tax reform and strengthening social safety nets in Djibouti.
... See More + As part of a possible reform of energy taxes in Djibouti, the government of Djibouti has sought the support of the World Bank to better understand how such a policy reform can be pro-poor. The study was designed and implemented by a multisectoral committee composed of various stakeholder institutions, including the Ministry of Economy and Finance, the Ministry of Budget, the Secretary of State responsible for National Solidarity (SESN), the Department of Statistics and Demographic Studies (DISED), the Ministry of Energy, and the Ministry of Transport, with whom the teams of the Bank and the IMF collaborated throughout the process of preparation of the study. Technical meetings were held on January 30, February 2, May 25, May 28, and May 29, 2014, in Djibouti to discuss the various scenarios of reform, obtain additional information, and present preliminary quantitative results. Consultation meetings were held on July 2 and November 15, 2014, to present the findings and discuss possible reform options. This executive summary condenses the main findings of the study. The study is available as a separate report with more analyses and background information. The study is based on data from a representative household survey which includes detailed information on household expenditures and receipt of certain cash and in-kind benefits (EDAM 3-2012). The tables in this executive summary show 2014 prices, with inflation rates of 2.5 and 2.9 for 2013 and 2014, respectively.
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This Poverty and Social Impact Analysis (PSIA) is part of a broader dialogue on energy tax reform and strengthening social safety nets in Djibouti.
... See More + As part of a possible reform of energy taxes in Djibouti, the government of Djibouti has sought the support of the World Bank to better understand how such a policy reform can be pro-poor. The study was designed and implemented by a multisectoral committee composed of various stakeholder institutions, including the Ministry of Economy and Finance, the Ministry of Budget, the Secretary of State responsible for National Solidarity (SESN), the Department of Statistics and Demographic Studies (DISED), the Ministry of Energy, and the Ministry of Transport, with whom the teams of the Bank and the IMF collaborated throughout the process of preparation of the study. Technical meetings were held on January 30, February 2, May 25, May 28, and May 29, 2014, in Djibouti to discuss the various scenarios of reform, obtain additional information, and present preliminary quantitative results. Consultation meetings were held on July 2 and November 15, 2014, to present the findings and discuss possible reform options. This executive summary condenses the main findings of the study. The study is available as a separate report with more analyses and background information. The study is based on data from a representative household survey which includes detailed information on household expenditures and receipt of certain cash and in-kind benefits (EDAM 3-2012). The tables in this executive summary show 2014 prices, with inflation rates of 2.5 and 2.9 for 2013 and 2014, respectively.
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This Poverty and Social Impact Analysis (PSIA) is part of a broader dialogue on energy tax reform and strengthening social safety nets in Djibouti.
... See More + As part of a possible reform of energy taxes in Djibouti, the government of Djibouti has sought the support of the World Bank to better understand how such a policy reform can be pro-poor. The study was designed and implemented by a multisectoral committee composed of various stakeholder institutions, including the Ministry of Economy and Finance, the Ministry of Budget, the Secretary of State responsible for National Solidarity (SESN), the Department of Statistics and Demographic Studies (DISED), the Ministry of Energy, and the Ministry of Transport, with whom the teams of the Bank and the IMF collaborated throughout the process of preparation of the study. Technical meetings were held on January 30, February 2, May 25, May 28, and May 29, 2014, in Djibouti to discuss the various scenarios of reform, obtain additional information, and present preliminary quantitative results. Consultation meetings were held on July 2 and November 15, 2014, to present the findings and discuss possible reform options. This executive summary condenses the main findings of the study. The study is available as a separate report with more analyses and background information. The study is based on data from a representative household survey which includes detailed information on household expenditures and receipt of certain cash and in-kind benefits (EDAM 3-2012). The tables in this executive summary show 2014 prices, with inflation rates of 2.5 and 2.9 for 2013 and 2014, respectively.
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